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Nvidia CEO Jensen Huang affirmed that Hugging Face will continue operating as an open platform accessible to the entire AI ecosystem, even as Nvidia deepens its financial and strategic involvement with the company. The statement comes as Nvidia expands its footprint beyond hardware into software and developer tools central to AI model development.
Nvidia has agreed to acquire AI platform Hugging Face for roughly $12.9bn, one of its largest acquisitions to date. Hugging Face, used by over 18 million developers and hosting more than three million AI models, operates as a major hub for sharing open-source AI tools. Nvidia said the platform will remain open and won't require users to adopt its chips or services.
Nvidia confirmed Thursday it has struck a deal to purchase Hugging Face, the widely used open-source AI model repository, for nearly $13 billion. The announcement ends weeks of speculation about a potential acquisition. CEO Jensen Huang pledged the platform will remain open to the broader AI community after the deal closes.
Nvidia has agreed to acquire Hugging Face, the AI development platform known for hosting open-weight models, in a deal valued at $13 billion. The acquisition strengthens Nvidia's position in the open-source AI ecosystem beyond its core chip business.
Nvidia has agreed to purchase AI model repository Hugging Face for $13 billion, a huge jump from the $7 billion valuation the startup rejected from Nvidia just last year to stay independent. The chipmaker says the acquisition will accelerate adoption of open-weight AI models, which let developers download and customize systems rather than rely on proprietary offerings from firms like OpenAI and Anthropic. The deal, expected to close by 2027, surpasses Nvidia's 2020 purchase of Mellanox as its biggest acquisition to date.
Nvidia has agreed to buy open-source AI platform Hugging Face for $12.9 billion, confirming earlier reports of the deal. Hugging Face CEO Clément Delangue told CNBC he personally reached out to Nvidia's Jensen Huang over the summer, saying talks moved quickly once initiated. Huang said the platform will remain open to the broader AI ecosystem while gaining more scale and infrastructure support.
Nvidia has formally agreed to buy Hugging Face, the developer platform known for hosting open-source AI models and datasets, in a deal worth close to $13 billion. Nvidia says it will keep Hugging Face's open standards intact, expanding its own push into free, customizable AI tools like its Nemotron models.
Nvidia has officially completed its purchase of Hugging Face for $12.93 billion, ending weeks of speculation. Hugging Face's platform, which hosts three million models, one million apps, and half a million datasets for over 18 million developers, will remain open, according to CEO Jensen Huang, who pledged that Nvidia hardware won't be a requirement for using the service.
Nvidia announced a deal to purchase open-source AI platform Hugging Face for roughly $13 billion, news that broke alongside the close of the G20's two-day Innovation Ministerial in Chapel Hill. At the summit, tech leaders including Nvidia's Jensen Huang and OpenAI's Sam Altman pushed governments to treat AI adoption as essential, while officials debated the costs and benefits of data center expansion.
NVIDIA CEO Jensen Huang confirmed the company is acquiring Hugging Face, the open-source AI model-sharing platform, in a deal worth $12.93 billion. Huang said NVIDIA plans to scale the platform's infrastructure and broaden AI access, while pledging Hugging Face will remain open to the entire ecosystem without requiring NVIDIA hardware. The deal, still subject to regulatory approval, follows NVIDIA's earlier investment in Hugging Face during a 2023 funding round.
Nvidia has agreed to acquire Hugging Face, the open-source AI model repository used by over 18 million developers hosting more than 3 million models, in a deal valued at roughly $12.93 billion. Nvidia says Hugging Face will keep operating as an independent, open platform, allowing developers to use any framework, cloud or hardware, not just Nvidia's own chips.
Nvidia announced a deal to purchase Hugging Face, the widely used open-source hub for AI models, datasets and developer tools, for roughly $12.93 billion. CEO Jensen Huang said the platform will stay open to all developers regardless of hardware or cloud provider, and that Nvidia compute won't be a requirement to use it. The acquisition follows weeks of reports that Hugging Face was exploring a sale near this valuation.